243 Chapel Hill Drive, Kitchener

$349,900
243 Chapel Hill Drive

$349,900

New
10d
Condo Townhouse1 Storey/Apt

243 Chapel Hill Drive, Kitchener

Total Monthly Obligation $2,080

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
0-499
DOM
10d
Score
17
Yield
1.9%
Cash on Cash
-21.2%
Cap Rate
0.0%
5Y IRR
-0.7%
10Y IRR
2.3%
Property Type-Condo Townhouse
MLS® Number-X14032632
Beds-2
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 13, 2026
Style-1 Storey/Apt
Building Type-Condo Townhouse
Taxes-$3,093 (2025)
Maintenance-$211/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-PEAK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Foundation-Concrete
Possession-Very flexible, 20 to 100 days
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully maintained 2-bedroom, 1-bathroom stacked townhome, ideally located in a sought-after community. Featuring a bright and spacious open-concept layout, the home seamlessly combines the living, dining, and kitchen areas-perfect for everyday living and entertaining. The contemporary kitchen offers stainless steel appliances, ample cabinetry, and generous counter space. Additional highlights include in-suite laundry with a washer and dryer, neutral finishes throughout, and large windows that fill the home with a natural light. Enjoy a convenient location close to Homer Watson Boulevard, providing easy access to Highway 401 via the Homer Watson interchange. Conestoga College is also nearby, making this an excellent choice for first-time buyers, students, professionals, or investors. A fantastic opportunity to own a stylish, low-maintenance home in a convenient and well-connected location!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$2,080/mo
Mortgage $1,411
Monthly Loss $1,709
Principal$371
Interest$1,040
Property Tax$258
Condo Fees$211
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
-0.6%4
Cash-on-Cash
-25.4%0
5-Year IRR
-3.7%1
10-Year IRR
0.5%
Returns Index
1.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$6,492/yr
NOI
-$2,182/yr
Net Cash Flow
-$1,593/mo
Cash Margin
-294.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
-0.130
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo80
Risk Index
32.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 243 Chapel Hill Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.